As of March 01, 2025, the average annual salary for a Construction Loan Officer in the United States is $111,071. Salary.com reports that pay typically ranges from $84,857 to $132,262, with most professionals earning between $60,990 and $151,554.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $132,262 | $11,022 | $2,543 | $64 |
| Average | $111,071 | $9,256 | $2,136 | $53 |
| 25th Percentile | $84,857 | $7,071 | $1,632 | $41 |
An entry-level Construction Loan Officer with less than 1 year of experience earns about $101,275. With 1-2 years of experience, the average salary increases to $105,914. For 2-4 years of experience, the pay typically rises to $115,094. Senior-level professionals with 5-8 years of experience earn around $120,097, and those with over 8 years of experience can expect an average of $120,722.
| Levels | Salary |
|---|---|
| Entry Level Construction Loan Officer | $101,275 |
| Intermediate Level Construction Loan Officer | $105,914 |
| Senior Level Construction Loan Officer | $115,094 |
| Specialist Level Construction Loan Officer | $120,097 |
| Expert Level Construction Loan Officer | $120,722 |
| Entry Level | 9% |
| Mid Level | 5% |
| Senior Level | 4% |
| Top Level | 8% |
| Experienced | 9% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Construction Loan Officer compensation over the past six years. For example, the median salary increased from $72,243 in 2023 to approximately $71,396 in 2024. (For a detailed analysis of Construction Loan Officer salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Construction Loan Officer information for you to search for. Click on search button below to see Construction Loan Officer job openings or enter a new job title here.
Here are companies hiring for Construction Loan Officer and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $111,071 | 67.4% | ||
| Bonus | $11,017 | 6.7% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $9,340 | 5.7% | ||
| 401K/403B | $3,785 | 2.3% | ||
| Disability | $1,099 | 0.7% | ||
| Healthcare | $5,345 | 3.2% | ||
| Pension | $6,593 | 4.0% | ||
| Time Off | $16,435 | 10.0% | ||
| Total Compensation | $164,684 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 3.0% |
| High School | 12.1% |
| Associates | 3.0% |
| Bachelors | 63.6% |
| Masters | 18.2% |
What Am I Worth?
The average annual salary of Construction Loan Officer is $111,071. In case you are finding an easy salary calculator, the average hourly pay of Construction Loan Officer is $53; the average weekly pay of Construction Loan Officer is $2,136; the average monthly pay of Construction Loan Officer is $9,256.
A Construction Loan Officer's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Construction Loan Officer earns the most in San Jose, CA, where the annual salary of a Construction Loan Officer is $139,395.
The highest pay for Construction Loan Officer is $151,554.
The lowest pay for Construction Loan Officer is $60,990.
Construction Loan Officer sources and structures construction loans. Performs a due diligence review of potential borrowers, including risk and financial analysis. Being a Construction Loan Officer analyzes applicants' credit and financial status and obtains property appraisals to determine the feasibility of granting loans. Develops relationships with builders and developers to obtain referrals and future lending opportunities. Additionally, Construction Loan Officer structures construction loan terms and conditions according to policies. Approves loans within authorized limits or refers them to a loan committee for approval. May disburse loan proceeds at designated project mile. Requires a bachelor's degree. Typically reports to a manager. The Construction Loan Officer occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Construction Loan Officer typically requires 2 -4 years of related experience.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
Mortgage Lending: A mortgage loan is a secured loan that allows you to avail funds by providing an immovable asset, such as a house or commercial property, as collateral to the lender.
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